@@theasianjaywalker4455 still living in a cave huh? 1990. The Economist. China's economy has come to a halt 1996. The Economist. China's economy will face a hard landing 1998. The Economist: China's economy entering a dangerous period of sluggish growth 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy 2000. Chicago Tribune: China currency move nails hard landing risk coffin 2001. Wilbanks, Smith & Thomas: A hard landing in China 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing 2003. New York Times: Banking crisis imperils China 2004. The Economist: The great fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landing in China 2006. International Economy: Can China Achieve a Soft Landing? 2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing? 2008. Forbes: Hard Landing In China? 2009. Fortune: China's hard landing. China must find a way to recover 2010: Nouriel Roubini: Hard landing coming in China 2011: Business Insider: A Chinese Hard Landing May Be Closer Than You Think 2012: American Interest: Dismal Economic News from China: A Hard Landing 2013: Zero Hedge: A Hard Landing In China 2014. CNBC: A hard landing in China 2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing 2016. The Economist: Hard landing looms for China 2017. National Interest: Is China's Economy Going To Crash? 2018. The Daily Reckoning. China's Coming Financial Meltdown 2020. NYT. Coronavirus Could End China's Decades-Long Economic Growth Streak 2021. Bloomberg. Chinese economy risks deeper slowdown than markets realize 2022. Bloomberg China Surprise Data Could Spell R-e-c-e-s-s-i-o-n 2023. Bloomberg. No word should be off-limits to describe China's faltering economy
If you look at the past 2,000 years of world history, in 1,800 out of the past 2,000 years, the two largest economies of the world were always China and India. It's only in the past 200 years that Europe took off. And then North America took off. But the past 200 years of Western domination of world history have been an aberration. It's been abnormal. So what you're seeing in the 21 century is the end of the aberration and the return of the normal, where China, India, and other Asian countries are once again emerging as the largest economies in the world
Collective west nations are exploring the vast space of its unlimited resources. Space mining research and planning had began in 2015. Many US mining companies have been tooling to mine asteroids. The next empire will encompass interplanetary and inter galactic. China is still heavily concentrating in China sea trying to annex sea and small countries, and their Silk Road trying to dominate the world with heavy reliance on the U.S. and western nations designs and manufacturing of highly critical elements.
My theory: Thanks to Gordon Chang has succeeded in misguiding US policy makers, to give China opportunity to develop. Otherwise, US has started hot wars already to destroy China before.
I live in China and whilst the acceleration has slowed down China has already accomplished most of what its plans were. In 2007-2008 there was a concerted effort started to develop its airports and infrastructure to access them Done and dusted. After the USA led bank crash that effected the world China was not in the media but close to 2 million workers lost their jobs just in Guangdong and surrounding area. Hu the then leader immediately proposed that the 5 year development plans be brought forward to allow construction companies to pull in those displaced workers and ensure that they had an income. Across China especially in rural areas schools hospital clinics and roads were built. Later we had the plan for the high speed rail network that western media were happy to say was both impossible and would fail......hmmmm wrong again it is done and dusted. China has managed to pull 100's of millions of people out of poverty and today the middle class of a single city as Shanghai has more people with purchasing power than many other Nations. So whilst the economy might be slowing down the people here already have access to pretty much everything that they need and are not showing any panic or distress at the so called gloom and doom media reports. The Media should cease trying to distract people from their own hardships by telling them that it is OK as in China it is much worse. Simply not true and Shameful that western media treats its people as ignorant and not knowing any better. Fix the price of the basics at home.....make housing affordable make the cost of food attainable for all and get rid of the need for food banks. And stop wasting tax payers money funding bankrupt industries and banks as done in the past. If they cannot survive bad luck as just giving away billions of USD to a company that then still fails as it cannot compete is just stupid. If the governments want to truly help then stop bailing out and actually invest directly and if needed take control. Classic case recently was intel....Gelsinger actually threatened the gov about consequences if intel did not get the money from the chips act....cool so where is that money and what was done with it ? Gelsinger has departed and intel is in a financial mess. That money the Gov. could have built their own fabs and employed people to run them making money for the government and the tax payers instead of making shareholders in boardrooms happy with their bonuses. Anyways only time will tell if things actually change for the better but right now China is fine and its people are happy with their present and future.
but seriously, China is in the middle of economic collapse and you shouldn't lie to people or yourself about this. The real estate collapse is absolutely massive and so is the capital flight, the massive un/under-employment and factory closures. There is no good reasons for you to lie to people about China and try and trivialize this dark economic slide for them. Please don't lie about Chinese people like you just did.
@@theasianjaywalker4455 The collapse as you call it is simply the result of many Chinese owning multiple apartments as investments. The gov. has been busy moving the investments of property into local industries. The data shows that whilst the housing prices are now so much lower it is only those that were wealthy enough to invest in housing that suffer. For many younger Chinese the low price of housing is a bonus and ensures that they have homes. Also look at data showing how many localized provincial industries are actually booming. China has many factories that close down due to either a foreign company pulling out or failed local companies. Simply do not invest in a failing company is a sound strategy. Also data shows how investment in housing that was at over 80% is now a little under 50% whilst investment in local industry has gone from close to zero to almost 30%. Swings and roundabouts but China is finally diversifying which is sound policy. So no I did not lie but if you check the true data you will note that China through diversifying investment opportunity is a positive. And once again the only reason that the property collapse as you call it was because over 90% of Chinese saw property as an investment. The only loss is value of those apartments that they do not live in which just means that they have less wealth on paper as an empty apartment is not cash in the bank.
❤😢.. 👉🏻👉🏼👉🏽 America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question... Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government) China 1949 to early 1960s Albania 1949-53 East Germany 1950s Iran 1953 * Guatemala 1954 * Costa Rica mid-1950s Syria 1956-7 Egypt 1957 Indonesia 1957-8 British Guiana 1953-64 * Iraq 1963 * North Vietnam 1945-73 Cambodia 1955-70 * Laos 1958 *, 1959 *, 1960 * Ecuador 1960-63 * Congo 1960 * France 1965 Brazil 1962-64 * Dominican Republic 1963 * Cuba 1959 to present Bolivia 1964 * Indonesia 1965 * Ghana 1966 * Chile 1964-73 * Greece 1967 * Costa Rica 1970-71 Bolivia 1971 * Australia 1973-75 * Angola 1975, 1980s Zaire 1975 Portugal 1974-76 * Jamaica 1976-80 * Seychelles 1979-81 Chad 1981-82 * Grenada 1983 * South Yemen 1982-84 Suriname 1982-84 Fiji 1987 * Libya 1980s Nicaragua 1981-90 * Panama 1989 * Bulgaria 1990 * Albania 1991 * Iraq 1991 Afghanistan 1980s * Somalia 1993 Yugoslavia 1999-2000 * Ecuador 2000 * Afghanistan 2001 * Venezuela 2002 * Iraq 2003 * Haiti 2004 * Somalia 2007 to present Honduras 2009 * Libya 2011 * Syria 2012 Ukraine 2014 * 2014 - 2022 - 9 countries yet to verify. Pakistan 2022 * Haiti 2022 * Israel 2023 Niger 2023
Very interesting point, something to think about? It kind of strange the terminology the neocons come up with to justify their plans, at the same time it’s sad that many Americans don’t know what going on, but are fed by the controlled media, and many people are too busy surviving the inflationary problems and trying to make a living.
according to wolfowitz neocon policy china must not be allowed to become prosperous or influential. usa will do anything to stop it. we have seen this in cia actions in xinjiang, hk, tibet and now taiwan. by 2027 china will be too powerful militarily for the usa to ever consider intervening.
Guarantee China will be No.1 by 2030 if not sooner. China is already No. 1 in a number of metrics. It reached the all important No. 1 in GDP purchasing power parity in 2015, which is ten years ago!
China is about 100th out of 200 countries for 'GDP per person' (that's going by Chinas official GDP which is dubious) and that's what matters to the lives of people. This is what you'd want improved. India has a massive Top 5 GDP yet almost everyone is living in poverty (relative poverty) and so you want to make that your 'Number One' goal.
@@theasianjaywalker4455 You should visit China to experience the standard of living in China compared to the US. Before you do that, you may want to study up on what purchasing power parity means in real economics instead of drinking the Kool-aid of Western propaganda of the facade economy supported by worthless dollars and record debt levels. Go and experience what it feels like to enjoy a delicious meal for one fifth the price of what you have to pay in the US. Go experience a luxurious hotel stay for $60 a night. Go enjoy the convenience of traveling all over China in the comfort of high speed rail. Go experience technological innovation of the fiuture that can only be fantasied about by is the norm in China today. ...and if you are lucky enough, you can stay there long enough to buy a new high-rise 3 bedroom two bathroom condo apartment with views of rivers and mountains for about $200k. That is the reality of being No. 1 in purchasing power parity.
Has anyone outside the EU, UK and US MSM ever really considered these publications reliable? I don't think so. I predict that the world's major economies will begin to work more closely together in the coming years..
Maybe four years from now after this fervor of global protectionism and villianization ends when everyone realizes everyone is losing economically and cannot recover individually
Since Professor Kishore is not a China expert as he himself said (humbly) maybe China Experts Gordon Chang, Peter Zeihan and Palki Sharma would like to have a say on this huh?
They all said China's economy will contract by 10% and they all predict that India will become the biggest economy in the world by 2030. Surpassing both US and China combined.
@@cb250nighthawk3, That would be bad for India becoz it would soon make India the next target. As the US can't & won't tolerate any nation's rapid rise. Remember how it suppressed Japan previously? And now attempting very hard to do the same on China?
We can be happy by assuming china is not doing good..do you find any chinese working as construction workers maids etc in any country..well the third largest economy indians are doing all odd jobs all over the world...
China is growing at 5% and the West 'China' s economy is collapsing' while the US is growing at 2.5% is 'doing remarkably well' . Is there something wrong with your logic? Oh wait you don't need logic in what you say. 😂😂😂😂
I have always held on to my belief that the slowdown is a deliberate strategy by the leadership in Beijing to cool down the economy. Double digit or even 8% is unsustainable. It can create a big bubble that will crash their economy should something beyond their expectations crops up. That 4/5% is however manageable. And that’s what their administration was aiming for.
@ , let me put it this way. The wise and learned in Beijing keep track of the economic growth and while doing that they too keep a lookout for the risks and dangers ahead. And they saw an overheated economy that cannot be sustained. Pulled the brakes because should an unforeseen derail it, the implosion will bring turmoil to 1.4 billion. Economics is however not a science. It’s not like lighting up a piece of paper and you definitely get carbon dioxide and ash. Economics is greatly influenced by the behavioral patterns of man. Politics is another prominent factor that can change the economy of a country. You are currently witnessing it . The geopolitics. Hope it answers your question as to why China is currently stimulating her economy. She has to counter the external threats.
China currently has a very vibrant economy, i visited there few months ago 2023 economic growth: China: 5.2% USA: 2.5% Data tells the truth Data source: imf (European) and world bank(USA)
@CryptoRenegade-x3o very different today Economy is collapsing. Evergrande has gone to zero. Youth unemployment is 27%. Jobs are evaporating, housing debt is crushing and birth rate has collapsed. Local govt has no money to pay workers. Public debt is 130 trillion.
i just want to hear trump say "kung flu" or a related term again. if i hear that, i'll know china is doing well and it's funny to hear american prestige sound like an italian american on stage cracking jokes about growing up italian as the crowd laughs at him.
US prediction: In less than a month, China will fall into the situation predicted by Western media and pessimistic economists - factories shut down, shops closed, government shutdown, stock market unavailable, rich people rushing overseas with their families, local people eager to exchange currency for food, many families posting slogans at their doors to express their demands, the streets are filled with the smell of gunpowder left by explosives, most people have nothing to do, drinking and playing cards all day, children go out in groups to ask for money..... China's Ministry of Foreign Affairs responded: You know shit, that's called Chinese New Year!
4 to 5% is enough? For any nation, that growth is considered a heated economy. That is a true target for precipice endeavor. The 8-16% growth of the past had a lot to do with hard infrastructure developments to harness sustainable growth.
You haven't spoke much that is really tangible. I guess, you are just speaking things out of your intuition that you have over your lifetime. But, if you are to see Chinese in the past 30-40 years, they have grown exponentially and is light years ahead of many countries in many aspects. No matter what others say, China's economy won't be collapsing. If you are to check EXPORTS & IMPORTS of any damn country with CHINA, every single country depends on CHINESE IMPORTS or should I say they have lot of imports from CHINA. There are tons of things to talk, but I'd end up right here, as this is not the right place for me to prove anything to just a random video I stumbled upon.
@Likeqiang20 In 2024, China's youth unemployment rate was 16.1% in November, down from a record high of 21.3% in June 2023. The rate is expected to continue to trend around 17.8% in 2025 and 18.0% in 2026.
Up & down, fast or slow is normal, rain falls always not fixed as we know related to planet orbiting shared resource, business to served public with products and services with policies affected supply chains in infrastructure links
It’s a stupid idea for US to bail out banks in troubles, but when banks made huge profits, does it benefits the customers or rather big bonuses go to the pockets of the CEO? Banks should beared the responsibility of bad investments and managers and CEO have to answer for it when banks go bankrupts.
SINGAPORE: A man who urinated on an escalator handrail at Outram Park MRT station was slapped with the maximum fine of S$2,000 (US$1,460) on Tuesday (Jan 14). Li Guorui, a 41-year-old Chinese national, pleaded guilty to a single charge of committing a public nuisance that caused annoyance. The court heard that Li arrived in Singapore on Jan 2 for a business trip, and was staying at a hotel on Upper Cross Street in Chinatown. On Jan 10, he had a business dinner at Brotzeit German Bier Bar & Restaurant at Westgate mall from about 7pm to 9pm, before making his way back to his hotel. Li drank a lot of beer during the dinner and became intoxicated, Deputy Public Prosecutor Jeremy Bin said. At about 10pm, Li was leaving Outram Park MRT station through exit 3 in a drunken state when he unzipped his trousers and urinated on the handrail of the downward riding escalator.
Chinese end up paying those. It's not something to laugh about. Many Chinese are unemployed right now and they know it's not getting any better for years to come.
Here's a thought, if China really was about to collapse and would be of no threat to the US then why would the US KEEP ON TALKING about it? As long as China is in the Western news, it means that China is still growing.
In 1998, China endured huge amount unemployment while many state owned enterprises gone bankrupt, but Chinese economy grow 7.8%. In early 2000s the Chinese banking systems facing mount of bad debts, but Chinese economy were growing 10%+. In an economy like China, bad things and growth can happen at the same time. In fact the ‘bad things’ usually means some economic units die, clearing the way for new growth.
4% growth for China is a big number on a existing high economic base, new infrastructure and facilities in the whole country. Dividends from the new infrastructure will double even triple over the next 5 years. Chinese always save for the rainy days, esp. the world economy doesn't look good. China today is still a major market for the European luxury goods.
@@Likeqiang20 -you mean 13 trillion, in comparison to US debt of 36.18 trillion China's debt is considered smaller. China's GOP is 80% of the US GDP and the US debt is 2.8X more. Don't forget that China's GDP is growing by 4.5%-5% and the US is only growth 2.8%.
Kishore is an expert in world's geopolitics. China is not USSR or Japan. US will not succeed in containing China with 1.4 billion population. It is morally wrong for 350 millions Americans to stop the 1.4 billions Chinese from enjoying good per capita livings by containing it economically and technologically. The.1.4 billions Chinese has equal human.rights to enjoy good living standards as the Americans who have been.championing human rights.
Historical the industrial activity and export of China is high as popular consumption is low. Because of the Evergrande collapse the real estate markets, overflooded with private capital savings, have stalled and therefor is business sentiment low. The decoupling of the West will cause severe inflation within the West and weak DEFLATION in China. The Chinese investments in ECONOMIC HIGH TECH AUTARKY and the BELT AND ROAD nations will further increase and the whole FAR EAST will experience increasing wealth. EXPECTATIONS: 2030 US GDP MINUS 30% AND CHINESE GDP 2 TIMES THE US GDP.
China is now growing around +$1 Trillion annually, which is far greater in absolute terms than whey they were growing at 10-15%. At 1/4 the per capita GDP, China can sustain 5% green growth for 15+ years and they'll be 1/2 the per capita GDP of the West. That's how much runway China has. China managed to carefully deflate their real estate bubble to avoid a Japan-style collapse or a US-style GFR. China is automating fast and moving quickly to compete in advanced industries, moving up the value chain and collapsing Western profits globally - that's what scares the West.
More of an expert than Gordon Chang, peter zeihan, and the endless UA-cam experts that get their funding from you-know-who. But let's just wait another 30 years and see if their economy will collapse.
According to the experts, China has been collapsing for 30 years and becomes No. 2 in the world. Professor Mahbubani, do you get the answer to your question?
Kishore Mahbubani raises an important question about China's economic future. A big piece of the puzzle is the ongoing real estate crisis and its ripple effects on the economy. We recently explored this in detail in our video: ua-cam.com/video/ny9Fohujyyw/v-deo.html -feel free to check it out for more insights!
There are parallel economies.... the rich get richer.... from what i hear its tough to survive living expenses, rent,mortgage,food is not aligned to what people earning.... its everywhere in the world.... so all those numbers are meaningless if people are struggling
How will you see The world , as it is, when you think you are superior???? Thisbis the oppinion of the state of ISRAEL........maybe that is th e same oppinion of the Western World
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Collective west nations are exploring the vast space of its unlimited resources. Space mining research and planning had began in 2015. Many US mining companies have been tooling to mine asteroids. The next empire will encompass interplanetary and inter galactic. China is still heavily concentrating in China sea trying to annex sea and small countries, and their Silk Road trying to dominate the world with heavy reliance on the U.S. and western nations designs and manufacturing of highly critical elements.
Then he should go china live the luxurious there if they keep growing their economy don't keep coming to UA-cam to talk rubbish nonsense yet the world today are still in chaos . He is just want get himself " famous " can he predict himself when he will leave this world.
“I’m not an expert on the Chinese economy.” Then starts to give you a non-consensus call for absolutely no reason 😂 he can be right but not for the right reasons. That’s because he doesn’t have any.
A non Chinese economic expert tells a non Chinese situation😂 Sorry “the bright point is at the end of the tunnel” is correct but how many generations will suffer from? Bullshit!
China's largest trading partner The United States China's main imports include crude petroleum, integrated circuits, and iron ore.These imports are mainly sourced from the United States, Taiwan, and South Korea.
Second reason for Malaysia may WITHDRAW @ NOT SUSPEND joining BRICS, BRICS+ or BRICS Partnership......😊..., Straits of Malacca are UNDER Malaysia and NOT control by Malaysia, Thailand & Indonesia....😡...go & check history and current maritime agreement...😊...but still PRIVIET NIHAO maybe Salam from Malaysia 🤘
you cant keep going 10% every year, slowing down is a good thing too Also the talks is about china but the world isn't in a good place right now economically worldwide
Sentiment on the street is real bad, and few believe Chinese gdp is growing at 4-5% a year now. Actually most people feel it is shrinking recently. This time it is different.
Sections of the Chinese economy is struggling. But other sectors are thriving. EV is just one of the many sectors thriving. Each time the west predicts China is collapsing, they always add the sentence 'this time is different'. Much like you.
@@johwck1898 Haha, China has been collapsing for 30 years, and every time there is a new theory, and then people continue to believe it. Because they hope that China will collapse in their hearts, they are willing to believe in the theory of China's collapse.
the slow down was engineered to allow cn to r completely restructure its economic strategy to higher value added industry like aircraft , jet engines, euv machines, green energy, etc its all laid out in published plans.
Just as he is speaking. Another China EV car manufacturer Nei Zha has gone bankrupt. It is not slow. It is collapsing. China actual GDP should be no more than 2%.
Most of the economic figures of China are tightly kept by the CCP, so we will never know the real picture. So for most economist, any predictions about China economy is only just a prediction.
is kishore doing damage repair on his earlier repeated narratives on east is rising and west is falling. gordon chang will be the better person to give a better overview of china under the communist party but the only problem is he is not going to hold back mincing his words on the party and his honest feedbacks from people on the grounds. kishore being a foreigner, you may like to knoe that local chinese are not allow to speak ill or bad things to foreighners else disciplinary actions waits them!
Thank you so very much for your share, Professor Kishore Mahbubani & bless you, Sir.🙏🙏🙏
According to Western Media and Critics, China's economy has been collapsing since the last 30 years.
Nope, no such thing has been said.
@@theasianjaywalker4455: just read the economist predictions.
@@theasianjaywalker4455.
Go ask that smart aleck, Gordon Chang, he will fill you in with all of his bs!
@@theasianjaywalker4455 still living in a cave huh?
1990. The Economist. China's economy has come to a halt
1996. The Economist. China's economy will face a hard landing
1998. The Economist: China's economy entering a dangerous period of sluggish growth
1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy
2000. Chicago Tribune: China currency move nails hard landing risk coffin
2001. Wilbanks, Smith & Thomas: A hard landing in China
2002. Westchester University: China Anxiously Seeks a Soft Economic Landing
2003. New York Times: Banking crisis imperils China
2004. The Economist: The great fall of China?
2005. Nouriel Roubini: The Risk of a Hard Landing in China
2006. International Economy: Can China Achieve a Soft Landing?
2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing?
2008. Forbes: Hard Landing In China?
2009. Fortune: China's hard landing. China must find a way to recover
2010: Nouriel Roubini: Hard landing coming in China
2011: Business Insider: A Chinese Hard Landing May Be Closer Than You Think
2012: American Interest: Dismal Economic News from China: A Hard Landing
2013: Zero Hedge: A Hard Landing In China
2014. CNBC: A hard landing in China
2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing
2016. The Economist: Hard landing looms for China
2017. National Interest: Is China's Economy Going To Crash?
2018. The Daily Reckoning. China's Coming Financial Meltdown
2020. NYT. Coronavirus Could End China's Decades-Long Economic Growth Streak
2021. Bloomberg. Chinese economy risks deeper slowdown than markets realize
2022. Bloomberg China Surprise Data Could Spell R-e-c-e-s-s-i-o-n
2023. Bloomberg. No word should be off-limits to describe China's faltering economy
@@theasianjaywalker4455..have you just come back from Mars???
Has US Economy in the last 20 or 25 years ever grown to 4% or 4.5 % ??? People in the Glass House do Not throw Rocks, a quote from USA.
China is making 5370 billion dollars in export
If china has vastly superior growth, why it hasn't over taken the US?
Why are chinese still eating gutter oil?
Rich people don't eat gutter oil
"A sore loser is always a sore loser" - American sore loser just before he dies.
If we are lucky we will have annual growth of 3%.
@@mtm2906 at least US is not lying about it
ALL empires WILL come to an end ... wishful thinkers in the collective west would like to believe otherwise
If you look at the past 2,000 years of world history, in 1,800 out of the past 2,000 years, the two largest economies of the world were always China and India. It's only in the past 200 years that Europe took off. And then North America took off. But the past 200 years of Western domination of world history have been an aberration. It's been abnormal. So what you're seeing in the 21 century is the end of the aberration and the return of the normal, where China, India, and other Asian countries are once again emerging as the largest economies in the world
Doesn't look like china will place them
Collective west nations are exploring the vast space of its unlimited resources. Space mining research and planning had began in 2015. Many US mining companies have been tooling to mine asteroids. The next empire will encompass interplanetary and inter galactic. China is still heavily concentrating in China sea trying to annex sea and small countries, and their Silk Road trying to dominate the world with heavy reliance on the U.S. and western nations designs and manufacturing of highly critical elements.
@@conti-vl6tx they were some of the largest economies, not the actual largest
And one of the sign of an empire coming to an end is declining population and/or net negative migration.
Gordon Chang again after a decade? Kishore is the voice of truth!
Gordon has a disciple now - Peter Zeihan and both are raking in huge amount from the $1.6 billion propaganda fund.
The amount of BS about China pulls out of his hairy azz is astounding. A worthy disciple of Gordon Chang indeed.
My theory: Thanks to Gordon Chang has succeeded in misguiding US policy makers, to give China opportunity to develop. Otherwise, US has started hot wars already to destroy China before.
kishore is now a china citizen
@ he is a human. Just being honest and out spoken
I live in China and whilst the acceleration has slowed down China has already accomplished most of what its plans were. In 2007-2008 there was a concerted effort started to develop its airports and infrastructure to access them Done and dusted. After the USA led bank crash that effected the world China was not in the media but close to 2 million workers lost their jobs just in Guangdong and surrounding area. Hu the then leader immediately proposed that the 5 year development plans be brought forward to allow construction companies to pull in those displaced workers and ensure that they had an income. Across China especially in rural areas schools hospital clinics and roads were built. Later we had the plan for the high speed rail network that western media were happy to say was both impossible and would fail......hmmmm wrong again it is done and dusted. China has managed to pull 100's of millions of people out of poverty and today the middle class of a single city as Shanghai has more people with purchasing power than many other Nations.
So whilst the economy might be slowing down the people here already have access to pretty much everything that they need and are not showing any panic or distress at the so called gloom and doom media reports.
The Media should cease trying to distract people from their own hardships by telling them that it is OK as in China it is much worse. Simply not true and Shameful that western media treats its people as ignorant and not knowing any better. Fix the price of the basics at home.....make housing affordable make the cost of food attainable for all and get rid of the need for food banks.
And stop wasting tax payers money funding bankrupt industries and banks as done in the past. If they cannot survive bad luck as just giving away billions of USD to a company that then still fails as it cannot compete is just stupid. If the governments want to truly help then stop bailing out and actually invest directly and if needed take control.
Classic case recently was intel....Gelsinger actually threatened the gov about consequences if intel did not get the money from the chips act....cool so where is that money and what was done with it ? Gelsinger has departed and intel is in a financial mess. That money the Gov. could have built their own fabs and employed people to run them making money for the government and the tax payers instead of making shareholders in boardrooms happy with their bonuses.
Anyways only time will tell if things actually change for the better but right now China is fine and its people are happy with their present and future.
but seriously, China is in the middle of economic collapse and you shouldn't lie to people or yourself about this. The real estate collapse is absolutely massive and so is the capital flight, the massive un/under-employment and factory closures. There is no good reasons for you to lie to people about China and try and trivialize this dark economic slide for them. Please don't lie about Chinese people like you just did.
@@theasianjaywalker4455you have my sympathy.
Yeah right China $.10 army.
@@theasianjaywalker4455Are you a journalist from the economist ? They predicted similar - like >20 years earlier ?!😅
@@theasianjaywalker4455 The collapse as you call it is simply the result of many Chinese owning multiple apartments as investments. The gov. has been busy moving the investments of property into local industries. The data shows that whilst the housing prices are now so much lower it is only those that were wealthy enough to invest in housing that suffer. For many younger Chinese the low price of housing is a bonus and ensures that they have homes. Also look at data showing how many localized provincial industries are actually booming. China has many factories that close down due to either a foreign company pulling out or failed local companies. Simply do not invest in a failing company is a sound strategy. Also data shows how investment in housing that was at over 80% is now a little under 50% whilst investment in local industry has gone from close to zero to almost 30%. Swings and roundabouts but China is finally diversifying which is sound policy.
So no I did not lie but if you check the true data you will note that China through diversifying investment opportunity is a positive.
And once again the only reason that the property collapse as you call it was because over 90% of Chinese saw property as an investment. The only loss is value of those apartments that they do not live in which just means that they have less wealth on paper as an empty apartment is not cash in the bank.
❤😢.. 👉🏻👉🏼👉🏽 America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question...
Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)
China 1949 to early 1960s
Albania 1949-53
East Germany 1950s
Iran 1953 *
Guatemala 1954 *
Costa Rica mid-1950s
Syria 1956-7
Egypt 1957
Indonesia 1957-8
British Guiana 1953-64 *
Iraq 1963 *
North Vietnam 1945-73
Cambodia 1955-70 *
Laos 1958 *, 1959 *, 1960 *
Ecuador 1960-63 *
Congo 1960 *
France 1965
Brazil 1962-64 *
Dominican Republic 1963 *
Cuba 1959 to present
Bolivia 1964 *
Indonesia 1965 *
Ghana 1966 *
Chile 1964-73 *
Greece 1967 *
Costa Rica 1970-71
Bolivia 1971 *
Australia 1973-75 *
Angola 1975, 1980s
Zaire 1975
Portugal 1974-76 *
Jamaica 1976-80 *
Seychelles 1979-81
Chad 1981-82 *
Grenada 1983 *
South Yemen 1982-84
Suriname 1982-84
Fiji 1987 *
Libya 1980s
Nicaragua 1981-90 *
Panama 1989 *
Bulgaria 1990 *
Albania 1991 *
Iraq 1991
Afghanistan 1980s *
Somalia 1993
Yugoslavia 1999-2000 *
Ecuador 2000 *
Afghanistan 2001 *
Venezuela 2002 *
Iraq 2003 *
Haiti 2004 *
Somalia 2007 to present
Honduras 2009 *
Libya 2011 *
Syria 2012
Ukraine 2014 *
2014 - 2022 - 9 countries yet to verify.
Pakistan 2022 *
Haiti 2022 *
Israel 2023
Niger 2023
Very interesting point, something to think about? It kind of strange the terminology the neocons come up with to justify their plans, at the same time it’s sad that many Americans don’t know what going on, but are fed by the controlled media, and many people are too busy surviving the inflationary problems and trying to make a living.
Mon, Wed, Fri：collapsing... Tue, Thu, Sat：Threat...... Sun：overcapacity 😅😂
Meanwhile the entire west economy is going south ,their MSM more concern for Chinese economy slow down 😅. They truely love Chinese
That's a way to draw the attention from the social and economy mess at home. Look over there, China is breaking. 😂😂😂
NO ONE LOVES CHINA. YOU'RE JUST DELUSIONAL THAT THE WEST THINKS CHINA ALL THE TIME. IT IS CHINA THAT KEEPS DREAMING OF BEING LIKE THE USA.
Kishore, don't wake up the fools to reality..... Let the fools fool themselves to the graves....
Agreed
If China is doing so bad ! Why America beg China to buy her debt$$$$ every year ?? Also Japan n other countries for the pass many years !!
China been selling treasuries, why?
As they say US " MONEY Talk Bull SHIT Walk". Now we know who is doing bullshitting.
@mtm2906 cai na
Firstly, no one was forced to buy US treasury. Perhaps you can prove me wrong?
@@shutengloke5907 really?
BRICS, SCO, BRI, RCEP etc etc
Just visited Beijing. No sign of collapse. Just less growth than earlier.
Only those never been to China make noise
Very informative true ❤
Don't worry. China has deep pocket. It will spend its way out of economic slump.
Right, China earned a trade surplus of 1 trillion in 2024 alone !!
according to wolfowitz neocon policy china must not be allowed to become prosperous or influential. usa will do anything to stop it. we have seen this in cia actions in xinjiang, hk, tibet and now taiwan. by 2027 china will be too powerful militarily for the usa to ever consider intervening.
Neocon never have such views.
You have been fooled.
What a fool...
The United States has 11 aircraft carrier's and the United States just launched a new one and china has 3
@@teresaspratling5329 Americans eat shit while Chinese eat delicacies. So, what does aircraft carriers do anything to bettter than lives?
@@teresaspratling5329 - I think China has more than 12 hypersonic missiles.
Guarantee China will be No.1 by 2030 if not sooner. China is already No. 1 in a number of metrics. It reached the all important No. 1 in GDP purchasing power parity in 2015, which is ten years ago!
Yupop...... reserve currency scam so gdp measured differently....
But theres no alternative to usd now..
@@Learner5555 Of course there are alternatives currently. China is already trading with several important trading partners using their own currency.
China is about 100th out of 200 countries for 'GDP per person' (that's going by Chinas official GDP which is dubious) and that's what matters to the lives of people. This is what you'd want improved. India has a massive Top 5 GDP yet almost everyone is living in poverty (relative poverty) and so you want to make that your 'Number One' goal.
@@theasianjaywalker4455ok Indian, 50c for you. 😂😂😂
@@theasianjaywalker4455 You should visit China to experience the standard of living in China compared to the US.
Before you do that, you may want to study up on what purchasing power parity means in real economics instead of drinking the Kool-aid of Western propaganda of the facade economy supported by worthless dollars and record debt levels.
Go and experience what it feels like to enjoy a delicious meal for one fifth the price of what you have to pay in the US. Go experience a luxurious hotel stay for $60 a night. Go enjoy the convenience of traveling all over China in the comfort of high speed rail. Go experience technological innovation of the fiuture that can only be fantasied about by is the norm in China today.
...and if you are lucky enough, you can stay there long enough to buy a new high-rise 3 bedroom two bathroom condo apartment with views of rivers and mountains for about $200k.
That is the reality of being No. 1 in purchasing power parity.
Easy answer, no - not collapsing
Has anyone outside the EU, UK and US MSM ever really considered these publications reliable? I don't think so. I predict that the world's major economies will begin to work more closely together in the coming years..
Folks on china can see what is going on with their eyes
Migrant workers out of work
Setting fires to factories
Bosses have no money to pay wages
Maybe four years from now after this fervor of global protectionism and villianization ends when everyone realizes everyone is losing economically and cannot recover individually
Since Professor Kishore is not a China expert as he himself said (humbly) maybe China Experts Gordon Chang, Peter Zeihan and Palki Sharma would like to have a say on this huh?
Those 3 that you mentioned are charlatans..
They all said China's economy will contract by 10% and they all predict that India will become the biggest economy in the world by 2030. Surpassing both US and China combined.
Those 3 fellas are horseshit artists.
@@cb250nighthawk3,
That would be bad for India becoz it would soon make India the next target. As the US can't & won't tolerate any nation's rapid rise. Remember how it suppressed Japan previously? And now attempting very hard to do the same on China?
China population is at 800 million now. Economist not reliable. This 10 year figure the US has is made up.
We can be happy by assuming china is not doing good..do you find any chinese working as construction workers maids etc in any country..well the third largest economy indians are doing all odd jobs all over the world...
According to "China Uncensored", "China Undercover", "China Observer" etc... Yes!
You never been to China
Those are all Falun Gong sponsored channels.
How the f**k is the "Economist" still going ? and with a circulation of near half a million is that just a lot of recurring subscriptions?
China is growing at 5% and the West 'China' s economy is collapsing' while the US is growing at 2.5% is 'doing remarkably well' . Is there something wrong with your logic? Oh wait you don't need logic in what you say. 😂😂😂😂
I have always held on to my belief that the slowdown is a deliberate strategy by the leadership in Beijing to cool down the economy. Double digit or even 8% is unsustainable. It can create a big bubble that will crash their economy should something beyond their expectations crops up. That 4/5% is however manageable. And that’s what their administration was aiming for.
Why is govt stimulating the economy then?
@@Likeqiang20 - Same as what we are doing now in the US. Is our economy collapsing?
@ , let me put it this way. The wise and learned in Beijing keep track of the economic growth and while doing that they too keep a lookout for the risks and dangers ahead. And they saw an overheated economy that cannot be sustained. Pulled the brakes because should an unforeseen derail it, the implosion will bring turmoil to 1.4 billion. Economics is however not a science. It’s not like lighting up a piece of paper and you definitely get carbon dioxide and ash. Economics is greatly influenced by the behavioral patterns of man. Politics is another prominent factor that can change the economy of a country. You are currently witnessing it . The geopolitics. Hope it answers your question as to why China is currently stimulating her economy. She has to counter the external threats.
@@mtm2906 is US stimulating like china?
@@canseal1039 not wise to crush the economy
Economics magazine is one of the worst media to go for economics assessment.
Brics is growing meaning China is growing.
So true, you are correct
How much trade between them using other currency than USD?
10 countries out of 192 countries.
China currently has a very vibrant economy, i visited there few months ago
2023 economic growth:
China: 5.2%
USA: 2.5%
Data tells the truth
Data source: imf (European)
and world bank(USA)
@CryptoRenegade-x3o very different today
Economy is collapsing. Evergrande has gone to zero. Youth unemployment is 27%. Jobs are evaporating, housing debt is crushing and birth rate has collapsed. Local govt has no money to pay workers. Public debt is 130 trillion.
i just want to hear trump say "kung flu" or a related term again. if i hear that, i'll know china is doing well and it's funny to hear american prestige sound like an italian american on stage cracking jokes about growing up italian as the crowd laughs at him.
He smears China and then wants to invite xi to his inaugural day? Lol wtf
I don't think he said it but he was referring to the Wuhan Flu.
@@theasianjaywalker4455 you don't think trűmp said "kung flu"? He also said "China virus". You live under a rock?!
Gordan chang vs china
US prediction:
In less than a month, China will fall into the situation predicted by Western media and pessimistic economists - factories shut down, shops closed, government shutdown, stock market unavailable, rich people rushing overseas with their families, local people eager to exchange currency for food, many families posting slogans at their doors to express their demands, the streets are filled with the smell of gunpowder left by explosives, most people have nothing to do, drinking and playing cards all day, children go out in groups to ask for money.....
China's Ministry of Foreign Affairs responded: You know shit, that's called
Chinese New Year!
So the answer is 'wait and see' ?
How about let us take the "prediction" of this guy, Gordon Chang?🤣🤣🤣
If Chinese economy collapses so does Indias economy!.
Sour grapes?
4 to 5% is enough? For any nation, that growth is considered a heated economy. That is a true target for precipice endeavor. The 8-16% growth of the past had a lot to do with hard infrastructure developments to harness sustainable growth.
China can grow at 5% for 15 years and still be only half the per capita GDP of the USA, it's sustainable for a very long time.
You haven't spoke much that is really tangible. I guess, you are just speaking things out of your intuition that you have over your lifetime.
But, if you are to see Chinese in the past 30-40 years, they have grown exponentially and is light years ahead of many countries in many aspects.
No matter what others say, China's economy won't be collapsing.
If you are to check EXPORTS & IMPORTS of any damn country with CHINA,
every single country depends on CHINESE IMPORTS or should I say they have lot of imports from CHINA.
There are tons of things to talk, but I'd end up right here, as this is not the right place for me to prove anything to just a random video I stumbled upon.
IMF reported that China's gdp growth 2024 was 4.8% where as the US growth at 2.8%. Gèrmany is below zero growth. 😂😂😂
Please explain why youth unemployment is 27%
@Likeqiang20 how about crime rate and homeless?
@Likeqiang20 In 2024, China's youth unemployment rate was 16.1% in November, down from a record high of 21.3% in June 2023. The rate is expected to continue to trend around 17.8% in 2025 and 18.0% in 2026.
@@dannyboy8850 good luck faking the numbers, doesn't help the economy
If you can believe China’s fake numbers, you’re just insulting your own intelligence.
dream on dream on
Up & down, fast or slow is normal, rain falls always not fixed as we know related to planet orbiting shared resource, business to served public with products and services with policies affected supply chains in infrastructure links
Yes, it has been collapsing for 40 years
Easier to watch the full video in its entirety so the context can be better appreciated. The "trimmed" version doesn't do Kishore's wisdom justice.
It’s a stupid idea for US to bail out banks in troubles, but when banks made huge profits, does it benefits the customers or rather big bonuses go to the pockets of the CEO? Banks should beared the responsibility of bad investments and managers and CEO have to answer for it when banks go bankrupts.
All China bank are technically bankrupt.
All a bailed out by PBOC.
You clearly don't understand economic
Read a book
@ Yes, never study economics but that my opinion and the way I see it.
@@cedricwai7499great, stupid do as stupid say
SINGAPORE: A man who urinated on an escalator handrail at Outram Park MRT station was slapped with the maximum fine of S$2,000 (US$1,460) on Tuesday (Jan 14).
Li Guorui, a 41-year-old Chinese national, pleaded guilty to a single charge of committing a public nuisance that caused annoyance.
The court heard that Li arrived in Singapore on Jan 2 for a business trip, and was staying at a hotel on Upper Cross Street in Chinatown.
On Jan 10, he had a business dinner at Brotzeit German Bier Bar & Restaurant at Westgate mall from about 7pm to 9pm, before making his way back to his hotel.
Li drank a lot of beer during the dinner and became intoxicated, Deputy Public Prosecutor Jeremy Bin said.
At about 10pm, Li was leaving Outram Park MRT station through exit 3 in a drunken state when he unzipped his trousers and urinated on the handrail of the downward riding escalator.
Xu Jiayin and Wang Jianlin are going to build even more properties in the next 30 years.
Saying , hoping and doing everything in their power to stop China's growth are the same group of people in the world.
why all these expert avoid the key issue of china's internal politic? Why?
TEARSRIFT is coming to the Americans soon. Ops I mean Tariffs.😂
Chinese end up paying those. It's not something to laugh about. Many Chinese are unemployed right now and they know it's not getting any better for years to come.
Here's a thought, if China really was about to collapse and would be of no threat to the US then why would the US KEEP ON TALKING about it? As long as China is in the Western news, it means that China is still growing.
Mahbubani: business sentiments in China are very bad but then he also said China is growing at 5%.Both cannot be true at the same time.
In 1998, China endured huge amount unemployment while many state owned enterprises gone bankrupt, but Chinese economy grow 7.8%. In early 2000s the Chinese banking systems facing mount of bad debts, but Chinese economy were growing 10%+.
In an economy like China, bad things and growth can happen at the same time. In fact the ‘bad things’ usually means some economic units die, clearing the way for new growth.
@@ericshang7744in that case, china should have more recession
@@ericshang7744 Yes, that's how propaganda works
4% growth for China is a big number on a existing high economic base, new infrastructure and facilities in the whole country. Dividends from the new infrastructure will double even triple over the next 5 years. Chinese always save for the rainy days, esp. the world economy doesn't look good. China today is still a major market for the European luxury goods.
Public debt 130 trillion. Let that sink in
@@Likeqiang20 -you mean 13 trillion, in comparison to US debt of 36.18 trillion China's debt is considered smaller. China's GOP is 80% of the US GDP and the US debt is 2.8X more. Don't forget that China's GDP is growing by 4.5%-5% and the US is only growth 2.8%.
@@mtm2906 you cannot read?
China's economy grows by +$1 TRILLION annually. Even if it's only 5%, it's more than any other country in the world.
China is an “IF” what about India now “NOW”?
China's economy collapse!!!??? I saw them buying up properties around the world. In my country they came and bought without much bargaining. 😊
As long as China put economy in its first priority, its economy will not halt. As simple as that.
Kishore is an expert in world's geopolitics. China is not USSR or Japan. US will not succeed in containing China with 1.4 billion population. It is morally wrong for 350 millions Americans to stop the 1.4 billions Chinese from enjoying good per capita livings by containing it economically and technologically. The.1.4 billions Chinese has equal human.rights to enjoy good living standards as the Americans who have been.championing human rights.
"Pragmatic solutions"....when was the last time anyone has experienced pragmatic solutions implemented in the west?
You can visit the respective countries and be the judge.
Historical the industrial activity and export of China is high as popular consumption is low. Because of the Evergrande collapse the real estate markets, overflooded with private capital savings, have stalled and therefor is business sentiment low. The decoupling of the West will cause severe inflation within the West and weak DEFLATION in China. The Chinese investments in ECONOMIC HIGH TECH AUTARKY and the BELT AND ROAD nations will further increase and the whole FAR EAST will experience increasing wealth. EXPECTATIONS: 2030 US GDP MINUS 30% AND CHINESE GDP 2 TIMES THE US GDP.
I share your view.
Palki from Firstpost may have some insighht as it feels like India is being taken for a ride
She is funded by the hindian government, especially modi and the BJP.
I don't see their economy going to collapse. They did a great job. I'm afraid that America is not a superpower anymore. 😎✌🏻
China is now growing around +$1 Trillion annually, which is far greater in absolute terms than whey they were growing at 10-15%. At 1/4 the per capita GDP, China can sustain 5% green growth for 15+ years and they'll be 1/2 the per capita GDP of the West. That's how much runway China has. China managed to carefully deflate their real estate bubble to avoid a Japan-style collapse or a US-style GFR. China is automating fast and moving quickly to compete in advanced industries, moving up the value chain and collapsing Western profits globally - that's what scares the West.
I agree with Kishore when he says he is not an expert on the China economy.
More of an expert than Gordon Chang, peter zeihan, and the endless UA-cam experts that get their funding from you-know-who. But let's just wait another 30 years and see if their economy will collapse.
@@freetorobandloot Many households are currently having a very tough time in China. Their plight should not be downplayed.
The US MASCOT IS NOW A TURTLE NOT THE GOLDEN EAGLE
China salary for factory workers is only 2500y before was 9.5ky...smart china...
economic collapsing is good for GCD, believe or not?
According to the experts, China has been collapsing for 30 years and becomes No. 2 in the world. Professor Mahbubani, do you get the answer to your question?
Kishore Mahbubani raises an important question about China's economic future. A big piece of the puzzle is the ongoing real estate crisis and its ripple effects on the economy. We recently explored this in detail in our video: ua-cam.com/video/ny9Fohujyyw/v-deo.html -feel free to check it out for more insights!
There are parallel economies.... the rich get richer.... from what i hear its tough to survive living expenses, rent,mortgage,food is not aligned to what people earning.... its everywhere in the world.... so all those numbers are meaningless if people are struggling
No.
How will you see
The world , as it is, when you think you are superior???? Thisbis the oppinion of the state of ISRAEL........maybe that is th e same oppinion of the Western World
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😂😂😂😂😂😂😂 This is what I think of all these predictions because this is what the west are hoping and people are catching this topics to make money
Collective west nations are exploring the vast space of its unlimited resources. Space mining research and planning had began in 2015. Many US mining companies have been tooling to mine asteroids. The next empire will encompass interplanetary and inter galactic. China is still heavily concentrating in China sea trying to annex sea and small countries, and their Silk Road trying to dominate the world with heavy reliance on the U.S. and western nations designs and manufacturing of highly critical elements.
Cherry picking your arguments of what he or she said. Not all western economists said what your propagandas claimed .
What do you mean what kind of world do we have? We almost have peaceful world for long times 70's yrs or so until someone decided to take the world?
Then he should go china live the luxurious there if they keep growing their economy don't keep coming to UA-cam to talk rubbish nonsense yet the world today are still in chaos . He is just want get himself " famous " can he predict himself when he will leave this world.
I think there are speak about not logic. Not true. Just illussion. Just keep negativeness and pecimistic about future.
Collapsing yet can afford to expand and take over the world LOL.
china has already surpassed the USA economically lol. and its not a small margin.
“I’m not an expert on the Chinese economy.” Then starts to give you a non-consensus call for absolutely no reason 😂 he can be right but not for the right reasons. That’s because he doesn’t have any.
A non Chinese economic expert tells a non Chinese situation😂 Sorry “the bright point is at the end of the tunnel” is correct but how many generations will suffer from? Bullshit!
Is Amerika moving forward collapsing? 😂
Lol, yes China is on the verge of collapse ....poor china 😅😅
china bad, other worse😂
Evidence?
Not happening this is now : ua-cam.com/video/vZqg17KwT-A/v-deo.html&ab_channel=%E5%AE%9D%E5%85%89%E5%AE%9D%E6%B0%94
👍👍👌🇧🇷🇷🇺🇨🇳🇮🇳🇿🇦➕️👏👏✌️
DARE TO SAY - ABOUT WESTERN BULLSHIT
China's largest trading partner The United States China's main imports include crude petroleum, integrated circuits, and iron ore.These imports are mainly sourced from the United States, Taiwan, and South Korea.
Over production is killing the China story
spore forked tongue
Second reason for Malaysia may WITHDRAW @ NOT SUSPEND joining BRICS, BRICS+ or BRICS Partnership......😊..., Straits of Malacca are UNDER Malaysia and NOT control by Malaysia, Thailand & Indonesia....😡...go & check history and current maritime agreement...😊...but still PRIVIET NIHAO maybe Salam from Malaysia 🤘
you cant keep going 10% every year, slowing down is a good thing too
Also the talks is about china but the world isn't in a good place right now economically worldwide
I don't want to listen to this guy any more please
Sentiment on the street is real bad, and few believe Chinese gdp is growing at 4-5% a year now. Actually most people feel it is shrinking recently. This time it is different.
Sections of the Chinese economy is struggling. But other sectors are thriving. EV is just one of the many sectors thriving.
Each time the west predicts China is collapsing, they always add the sentence 'this time is different'. Much like you.
@@johwck1898 Haha, China has been collapsing for 30 years, and every time there is a new theory, and then people continue to believe it. Because they hope that China will collapse in their hearts, they are willing to believe in the theory of China's collapse.
the slow down was engineered to allow cn to r completely restructure its economic strategy to higher value added industry like aircraft , jet engines, euv machines, green energy, etc its all laid out in published plans.
F…… robot reading.
A wishfull thinking
Just as he is speaking. Another China EV car manufacturer Nei Zha has gone bankrupt. It is not slow. It is collapsing. China actual GDP should be no more than 2%.
ok racist
MNCs relocating out of China. No new FDI is coming in.
Most of the economic figures of China are tightly kept by the CCP, so we will never know the real picture. So for most economist, any predictions about China economy is only just a prediction.
If you trust CCP figures..😂😂
No doubt China has to colonize Taiwan and other strategic shipping routes in South East Asia
Not if Taiwanese have a say in the matter
Poor guy trying his best to defend china. People are not stupid. So don't waste your time. Let them decide for themselves.
is kishore doing damage repair on his earlier repeated narratives on east is rising and west is falling. gordon chang will be the better person to give a better overview of china under the communist party but the only problem is he is not going to hold back mincing his words on the party and his honest feedbacks from people on the grounds. kishore being a foreigner, you may like to knoe that local chinese are not allow to speak ill or bad things to foreighners else disciplinary actions waits them!
osense. chang is a world class laughing stock.and crackpot
Beyond all doubt..forced to backtrack now.
Gordon Chang, the man who was wrong for 20 years, will be right, now? 😂 Gordon Chang, the man who just said NK has planted a nuke in New York? 😂
Wow.
Yes, that's the hoax you always hear bro, because you think China is like North Korea 😂